Any judgment may be enforced following the endorsement by the court of an enforcement clause.
If the losing party refuses to comply with a court order voluntarily, the plaintiff may employ the assistance of a court enforcement officer – bailiff – who can carry out compulsory enforcement in such event. In monetary claims, enforcement is conducted by means of seizure and sale of property. As far as specific performance is concerned, enforcement proceedings are conducted by a court, which has various means of persuasion at its disposal, for example, fines.
Additional fees are charged for failure to hold a required permit to emit gas or particles into the atmosphere, intake water, or discharge wastewater. May such fees be challenged?
read furtherIt is now possible for a person conducting business as an individual to convert the business into a single-shareholder company, carrying over most elements of the existing business—except tax breaks.
read furtherWhen acquiring shares it is important to examine whether either of the parties is a parent or subsidiary of the other. The existence of such ties may significantly restrict the acquirer’s share rights or even prevent effective acquisition of the shares.
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